China Aircraft Leasing Group Delivers Third A320 Aircraft to China Eastern Airlines

12 September 2014, Hong Kong – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the fastest-growing independent aircraft operating lessor in Greater China, is pleased to announce the delivery of the third A320 aircraft to China Eastern Airlines Corporation Limited (“CES”) on 5 September 2014.

The aircraft was delivered at the facilities of Airbus in Tianjin, China on 5 September 2014. This is the third aircraft being delivered under an operating lease between CALC and CES encompassing the delivery of six A320 aircraft to CES.

The aircraft delivered was independently acquired by CALC as part of CALC’s 36 A320 family order with Airbus S.A.S. It is powered by CFM56 engines, featuring a comfortable two-class cabin with 8 business and 150 economy class seats and equipped with Sharklets, 2.4-meter tall new wingtip devices made from light-weight composites, which enhance the fuel-efficiency and payload-range performance of the A320 Family resulting in up to 4% lower fuel burn over longer sectors.